Blossary – HR and Payroll

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The Terms are related to terms used in HR and Payroll so whenever you need to fill up a form for your Tax return, Child Care allowance, or Child Benefit, you will know what you do.The terms follows the Laws in United Kingdom.

Категория: Law

11 Terms

Created by: Cornely

Number of Blossarys: 3

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Construction Industry Scheme (CIS)

The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry.

National Insurance Contribution (NIC)

If you start working for yourself, you're classed as a sole trader - even if you've not yet told HM Revenue and Customs. You must register and follow rules for self-employed tax and National ...

State Unemployment Tax Act (SUTA)

SUTA The State Unemployment Tax Act, describes state unemployment taxes imposed on employers. The majority of employers are responsible for paying federal and state unemployment taxes. Employers are ...

FUTA

Federal Unemployment Tax Act (FUTA) tax is a payroll or employment tax paid solely by the employer. While the FUTA tax is paid by the employer, it is based on each employee's wages or salary.